SPI Trading 8th February 2008 part 2

10:13am

SPI moving up on open and following the expectant move back towards the 5-day 50% levels....

Area of interest is 5668 (Weekly 50%)

The difference between the last two rallies was that Price tested the Dilernia Pivot, and traded below it for a short-period of time before moving upwards...

Today it hasn't, and this is something I would like to see happen, therefore there is an expectation that price would come back down and test it before continuing higher...

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